Nextra Kippa Ring News is located in a modern shopping centre on the Redcliffe Peninsula.
The business primarily sells golden casket products, lotto, and instant scratch its, which account for the majority of our store's revenue. Magazines, gift lines, greeting cards, and a limited line of stationery are also available. Under an owner/operator, all of these categories could be improved.
Key Selling Points
•Proactive personnel would improve sales.
•Excellent shopping center/mall location.
•Woolworths and Coffee club are directly adjacent in the mall.
•Renovated shop fit in 2019
•Fully staffed and profitable in a busy center
•The owner wishes to retire.
•Before Christmas, there are two weeks of free trade-out.
•Soft gambling sales are strong.
•Currently ranked 136 in the state for the year to date
Leasehold Details
•Lease term—5 years
•Lease expiry date— 08/ 28/ 2024
•Lease area—78sqm
•Rent—$86000 PA/ $7083.33 PCM
•Outgoing—$1016.99 PCM
Business Sale Price $260,000.00 + SAV
